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Philanthropy
Articles
Basiles give big gift to Carmel performing arts center
The center will recognize the donation by naming
the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
Friends of Lincoln Collection raises $6.9M to care for artifacts
A group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months,
including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone
Wednesday afternoon.
Kiwanis to choose worldwide service project
Representatives of three international organizations will visit Indianapolis-based Kiwanis International this week to make
their cases to become its next worldwide cause—and the beneficiary of tens of millions of dollars the organization could
raise with help from its 600,000 members.
Simon family fight breaks out over billionaire’s fortune
Melvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
Death of heiress Ruth Lilly unleashes more philanthropy
Lilly’s death on Dec. 30 at age 94 will trigger the release of hundreds of millions of dollars from her
estate, with perhaps as much as $200 million flowing to the fledgling Ruth Lilly Charitable Foundation.
Carmel’s performing arts center hiring key staff
With a year to go before completion of a 1,600-seat concert hall, Executive Director Steven Libman added Jeremy Hatch as development
director.
Investors in failed Church Extension poised to recoup 70 percent
Professionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.
Children’s Bureau consolidates
The Children’s Bureau Inc. has moved into offices in the Gene Glick Family Support Center.
The move represents the first time in 50 years that Children’s Bureau administrators have worked in the same building
that
houses their programs for families and children in crisis.
Ruth Lilly remembered for ‘selfless’ giving
Lilly, 94, who died Wednesday, gave away hundreds of millions of dollars of her fortune during her lifetime.
Eli Lilly and Co. heiress Ruth Lilly dies at 94
Over the course of her life, the last surviving great-grandchild of pharmaceutical magnate Eli Lilly gave away much of her
inheritance.
Humane Society expects to finish 2009 in the black
The group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for
six years.
School foundations step up to pay for programs as funding dries up
The Washington Township Schools Foundation on the north side is among those that wants to raise money
for buildings and other high-cost needs.
Volunteers sought to host dinners
Central Indiana residents are being invited to host informal dinners for small groups of foreign visitors.
Fund-raisers a little more optimistic as 2009 ends
People who raise money for a living are more optimistic about their prospects now than they were six months ago, reports
the Center on Philanthropy at IUPUI.
IUPUI dedicates engineering lab funded by Carrier Corp.
Over the past four years, Carrier has donated $71,000 for the purchase of equipment and software that will
allow mechanical engineering students at IUPUI to do more advanced work.
NFP of NOTE: Net Literacy
Net Literacy increases computer access, computer and Internet literacy, and Internet safety awareness while providing student
volunteers job skills, life skills, and an opportunity to participate in service to their community.
Ex-gas company CEO donates $1M to Community hospitals
The retired president and CEO of the former Indiana Gas Co. has donated $1 million to the philanthropic wing of a central
Indiana hospital network.
Expected flurry of charity mergers fails to materialize
Observers offer various explanations for the lack of mergers, including that staff and budget cuts have left many not-for-profits
without the manpower or time for due diligence.
Symphony ousts maestro, reports historic budget gap
The Indianapolis Symphony Orchestra experienced a year of financial and leadership shocks, as it reported a $2.8 million
budget shortfall and abruptly dismissed Music Director Mario Venzago.